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To: Jordan Levitt who wrote (262)	11/9/2000 10:18:34 AM
From: Michael Dean	Respond to of 548

That has been my traditional approach too .. trade for capital gains within RRSP so that investment decisions were just that .. not taxation decisions. Foreign content rules made me want to build up a portfolio outside of RRSP as was investing heavily in US technology stocks. Also foreign mutual funds. Since `91 have averaged about 32.5% compound annual growth rate, but this year I will be happy to settle for 12%. Mike I never considered just taking the 1% penalty, but I will look at it now.

To: Jordan Levitt who wrote (262)	11/10/2000 12:14:56 AM
From: tyc:>	Read Replies (1) \| Respond to of 548

It may be of interest that THIS retired person believes in seeking "capital gains" inside his RRSP while trading FOR INCOME outside his RRSP. (Of course all gains inside an RSP are really income gains) The trouble with seeking capital gains outside an RSP is that this search can just as easily result in capital losses. My trading for income includes selling "naked" options(largely straddles) which, where deemed appropriate are hedged by long stock positions INSIDE my RSP. Now, any losses are income losses, and they are offset by income GAINS within that most versatile of income accounts, my RSP. I'll bet my strategies are unique !!